According to @dydxfoundation, the organization has announced a new grant initiative aimed at supporting ecosystem development and improving user engagement. In addition, the dYdX Foundation has integrated with the Mintscan explorer, providing traders with enhanced transparency and real-time on-chain data for DYDX token transactions. This move is expected to boost confidence among professional and retail traders by improving data accessibility and supporting informed trading decisions. Source: @dydxfoundation.

According to @dydxfoundation, Cosmostation was granted $240,000 in January 2025 to extend and upgrade advanced dYdX Chain (DYDX) functionality on the Mintscan explorer for another 12 months. The funding ensures robust infrastructure across both mainnet and testnet, supporting reliable transaction tracking and analytics for traders. This infrastructure upgrade is expected to enhance transparency and accessibility for dYdX Chain users, which could positively impact DYDX trading activity and liquidity according to @dydxfoundation.